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The doorstep loan giant was established by Joshua Waddilove in 1880. It was vouchers back then that were issued in exchange for coal, clothing and food that followed with weekly collections. As you can see, not much as changed over their many years active. They had acquired the business of Greenwood who were a long running rival across the Greater Manchester manchester doorstep loans region. Greenwood has since been closed and merged into the main business. Provident has remained the dominant force in the home loan sector. Their main obstacle has been the decline in consumer interest for this type of service. This is understandable in the age of the internet that has created endless choice for hassle-free online loans.

New Horizons does not make credit decisions, and is not a lender. New Horizons matches customer’s loan applications with lenders in our database based on information you provide. New Horizons does not charge customers a fee for using its broker services, but it receives a commission from lenders or other brokers if a customer enters into a consumer credit agreement with a lender or broker following an introduction through this website. This website does not directly endorse a particular product or service. Information on our website should be taken as opinion only. Loans for UK based customers only. New horizons will not perform a credit check however, if you are accepted by a lender, they will perform a credit search.

The quick and easy online application form for a same day loans can be found on our website. Filling out the form will only take you a few minutes, and once completed your loan will be deposited into your account on the same day. As if that wasn’t simple enough, our application process is completelyÂ paperless. So what are you waiting for? Let us help you take back control by applying now!

If you fall behind with your repayments, the agent will ask you to catch up, just as a normal lender would. There are usually no fees for missing a repayment with a doorstep loan but this is something to check first, before you sign up. If you still don’t catch up with your repayments, you might find that the agent stops coming round to collect your debt because the head office of the company will deal with it instead.

Provident has always been the dominant doorstep lender. They were established by Joshua Waddilove in 1880 and today have a huge network of agents although this was recently cut in half from 11,000 to 5500. Their customer base of 900,000 is scattered across the UK (and Ireland at ). In the early days their product worked as it does today with the exception that vouchers were exchanged financial services manchester for coal, clothing or food. Their notable acquisition of Greenwood who had been a major early competitor helped to secure their dominance further. There hasn’t been a significant challenge to their market share, but Shopacheck has been the nearest contender in recent years. They of course merged with Morses Club in March 2015. Collectively they now have 2250 agents.